PSP Swiss Property AG

Equities

PSPN

CH0018294154

Real Estate Development & Operations

Market Closed - Swiss Exchange Other stock markets 11:31:30 2024-04-26 am EDT			5-day change	1st Jan Change
114.5 ^CHF	+0.26%		-1.80%	-2.64%

Apr. 04	PSP Swiss Property AG Appoints Katharina Lichtner as Member of the Board of Directors and to Its Audit Committee	CI
Apr. 04	Psp Swiss Property Ag Approves Dividend for the Year 2023, Payable on 10 April 2024	CI

PSP Swiss Property AG acquired Westpark in Zurich from Union Investment Real Estate GmbH for CHF 220 million.

June 31, 2023

PSP Swiss Property AG (SWX:PSPN) acquired Westpark in Zurich from Union Investment Real Estate GmbH for CHF 220 million on June 1, 2023.

PSP Swiss Property AG (SWX:PSPN) completed the acquisition of Westpark in Zurich from Union Investment Real Estate GmbH on June 1, 2023. Beat Kühni, Stephanie Buschta and Sebastian Ritz of Lenz & Staehelin advised Union Investment in this transaction. Samuel Marbacher of Baker McKenzie acted as legal advisor to PSP Swiss Property AG.

Latest news about PSP Swiss Property AG

PSP Swiss Property AG Appoints Katharina Lichtner as Member of the Board of Directors and to Its Audit Committee	Apr. 04	CI
Psp Swiss Property Ag Approves Dividend for the Year 2023, Payable on 10 April 2024	Apr. 04	CI
Transcript : PSP Swiss Property AG, 2023 Earnings Call, Feb 27, 2024	Feb. 27
PSP Swiss Property Posts Lower FY23 Net Income; Rental Income Rises	Feb. 27	MT
PSP Swiss Property AG Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 26	CI
PSP Swiss Property AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 07	CI
Transcript : PSP Swiss Property AG, Q3 2023 Earnings Call, Nov 07, 2023	Nov. 07
PSP Swiss Property Posts Growth in Q3 Attributable Income, Rental Income	Nov. 07	MT
Higher Interest Rates Take Toll on European Real-Estate Valuations -- At a Glance	23-08-24	DJ
Transcript : PSP Swiss Property AG, H1 2023 Earnings Call, Aug 18, 2023	23-08-18
PSP Swiss Property Posts Fall in H1 Attributable Income; Rental Income Grows	23-08-18	MT
PSP Swiss Property AG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-17	CI
Kempen Lowers Price Target on PSP Swiss Property, Maintains Buy Recommendation	23-06-16	MT
PSP Swiss Property Acquires Swiss Office Property for CHF217 Million	23-06-01	MT
PSP Swiss Property AG acquired Westpark in Zurich from Union Investment Real Estate GmbH for CHF 220 million.	23-05-31	CI
Berenberg Lowers Price Target on PSP Swiss Property, Maintains Buy Recommendation	23-05-24	MT
PSP Swiss Property AG Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-05	CI
Transcript : PSP Swiss Property AG, Q1 2023 Earnings Call, May 05, 2023	23-05-05
PSP Swiss Property Reports Lower Q1 Net Income	23-05-05	MT
Bank Vontobel Lowers Price Target on PSP Swiss Property, Maintains Buy Recommendation	23-02-22	MT
PSP Swiss Property AG Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-21	CI
Transcript : PSP Swiss Property AG, 2022 Earnings Call, Feb 21, 2023	23-02-21
PSP Swiss Property Posts Lower FY22 Net Income	23-02-21	MT
PSP Swiss Property AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-08	CI
Transcript : PSP Swiss Property AG - Analyst/Investor Day	22-11-08

Chart PSP Swiss Property AG

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Company Profile

PSP Swiss Property AG is a Switzerland-based real estate holding company. It is organized into three business segments: Real Estate Investment, which includes the real estate business and comprises all properties of the Company; Real Estate Management, which includes all services and activities with regard to the management of the Companyâs own real estate portfolio, and Holding, which covers the traditional corporate functions, such as finance, legal, investor and public relations, human resources and information technology. The Company owns approximately 170 offices and commercial properties, as well as nine development sites throughout Switzerland, mainly in Zurich, Geneva, Basel, Bern and Lausanne. As of December 31, 2011, it had two direct subsidiaries: PSP Participations Ltd and PSP Finance Ltd, as well as such indirect subsidiaries as PSP Group Services Ltd, PSP Real Estate Ltd, PSP Management Ltd and Immobiliengesellschaft Septima AG, among others.

Sector

Real Estate Development & Operations

Calendar

2024-05-07 - Q1 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR)

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Ratings for PSP Swiss Property AG

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

114.5 CHF

Average target price

123.6 CHF

Spread / Average Target

+7.97%

Consensus

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Quarterly earnings - Rate of surprise

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